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<title><![CDATA[John Krech]]></title>
<link>/profile/john-krech/jkrech344/rss20/</link>
<description><![CDATA[My name is John Krech and I am the founder of ePhiphony Incorporated and the inventor of our patent pending product Phitch.
ePhiphony, certified by Intuit, has created the ultimate inventory optimization application for small business accounting software. The platform includes powerful tools that help maximize economic profit, which has been mostly for large companies that can afford costly systems.
Inventory is one of the largest investments made by most businesses yet it is also one of the most overlooked. Inexperience and poor inventory management have been documented as being among the top reasons for small business failure.
For example, QuickBooks can tell you how much inventory you have but it cannot tell you when and how much to order. In other words, small businesses have not had the tools to make smart inventory decisions. That is where Phitch comes in to guide small businesses to optimize inventory at peak financial performance using Lean Six Sigma techniques.
Our mantra is to reveal hidden wealth that is needlessly tied up in inventory using a process that is a simple as three clicks of the mouse. We prove it with a report that demonstrates Phitch impact.
Phitch has been featured in Finance & Commerce, AOL Money & Finance, PC Magazine, The Progressive Accountant, SBDCNet, and Enterprise Minnesota.]]></description>
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<title><![CDATA[Top Eight Causes of Business Failure - Number 7 ]]></title>
<link>http://tinyurl.com/cfaymy</link>
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<pubDate>Tue, 11 Aug 2009 12:39:19 EDT</pubDate>
<description><![CDATA[Number 7: This is the second in a series of eight posts concerning the top causes of small business failure. We will work our way up to the number one cause; however each one is an important issue for any small business to consider. This week’s post is on personal use of business funds being a cause of failure. ]]></description>
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<title><![CDATA[Perfect Phitch]]></title>
<link>http://www.enterpriseminnesota.org/Magazine-eNewsletter/Enterprise-Minnesota-Magazine/2009-June/Perfect-Phitch.aspx</link>
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<pubDate>Mon, 01 Jun 2009 14:39:20 EDT</pubDate>
<description><![CDATA[&quot;One-of-a-kind software takes the guesswork out of inventory management and reduces company costs in the process.&quot; Phitch's Small Business edition starts at just $13 per month. Enterprise Minnesota is an affiliate member of MEP/NIST. ]]></description>
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<title><![CDATA[Should taxes impact inventory strategy? ]]></title>
<link>http://www.phitch.com/Blog/tabid/98/EntryID/2/Default.aspx</link>
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<pubDate>Thu, 28 May 2009 12:58:03 EDT</pubDate>
<description><![CDATA[Taxes are one of the largest expenses yet many of our decisions every day ignore the impact of tax rate.
One example is today's inventory policies. Inventory is one our largest investments. This blog outlines the implications of tax rate on inventory strategies.]]></description>
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